AgDay TV Markets Now: Jeff Hoogendoorn, Professional Ag Marketing, discusses why soybeans, corn and cattle all rallied on Tuesday.
AgDay TV Markets Now: Jeff Hoogendoorn Discusses Why Row Crops and Cattle All Ended Higher Tuesday
AgDay TV Markets Now: Jeff Hoogendoorn, Professional Ag Marketing, discusses how the CPI data helped soybeans, corn and cattle all rally on Tuesday.
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Sam Hudson of Corn Belt Marketing says funds sold the early bounce in grain markets with no bullish story.
After a down day on Tuesday the grain markets were higher early Wednesday a result of short covering according to Lane Akre, economist with Pro Farmer. However, he thinks the market has also taken out too much weather premium.
Dan Basse, president of Ag Resource Company, believes China bought a half million tons of U.S. soybeans last week.
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